Property

New home loan activity contributed to an uptick in mortgage growth in October, new ABS data has found, as refinancing continued to fall.

The number of dwellings approved ticked up for the month, however, economists still note that approvals are sitting at low levels.

National home prices have reached new heights for the month despite rising interest rates and an easing in price growth.

The Minns government has announced plans to tackle housing supply issues by fast-tracking the creation of new homes.

The majority of borrowers have remained resilient in the wake of rising interest rates, the credit ratings reporter has found.

With 3,084 homes going under the hammer, Australia’s combined capitals are gearing up for their second busiest auction week of the year.

Australian dwelling values have surpassed their previous peak, registering a new record high in November, according to CoreLogic.

The association has expressed its doubts over the state government’s move to double the First Home Owners Grant.

The association’s latest report into new home sales has revealed a fall in October following a surge the previous month.

New listings rose nationally during the peak of the spring selling season, PropTrack has found.